2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP
$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH
51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$883CURRENT US$
Rnk 182 / 196
2013-2023
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GDP PC GROWTH
16.2%CURRENT US$
Rnk 115 / 195

About

China-Burkina Faso Trade: In 2023, China exported $821M to Burkina Faso. The main products that China exported to Burkina Faso were Portable Lighting ($40.6M), Semiconductor Devices ($35.1M), and Coated Flat-Rolled Iron ($31.9M). Over the past 5 years the exports of China to Burkina Faso have increased at an annualized rate of 10.3%, from $504M in 2018 to $821M in 2023.

In 2023, China did not export any services to Burkina Faso.

Burkina Faso-China Trade: In 2023, Burkina Faso exported $58.5M to China. The main products that Burkina Faso exported to China were Raw Cotton ($22.5M), Other Oily Seeds ($21M), and Manganese Ore ($12.3M). Over the past 5 years the exports of Burkina Faso to China have decreased at an annualized rate of 9.41%,  from $95.9M in 2018 to $58.5M in 2023.

In 2023, Burkina Faso did not export any services to China.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $821M to Burkina Faso. The main products exported from China to Burkina Faso were Portable Lighting ($40.6M), Semiconductor Devices ($35.1M), and Coated Flat-Rolled Iron ($31.9M). During the last 5 years the exports of China to Burkina Faso have increased at an annualized rate of 10.3%, from $504M in 2018 to $821M in 2023.

In 2018, Burkina Faso exported $58.5M to China. The main products exported from Burkina Faso to China were Raw Cotton ($22.5M), Other Oily Seeds ($21M), and Manganese Ore ($12.3M). During the last 5 years the exports of Burkina Faso to China have decreased at an annualized rate of 9.41%, from $95.9M in 2023 to $58.5M in 2018.

Exports from China (Flag) to Burkina Faso (Flag) (2023)

Exports from Burkina Faso (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
Burkina Faso
Top Destination
Switzerland$6B

This map shows whether countries import more from China or Burkina Faso. Each country is colored based on the difference in imports they receive from China and Burkina Faso or the difference in the growth in imports.

In 2023, countries that imported more from China than Burkina Faso included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Burkina Faso than from China.

Difference in imports from Burkina Faso (Flag) and China (Flag) (2023)

Comparative Advantage China - Burkina Faso

Flow
Scale

This chart compares trade between China and Burkina Faso by product, considering products traded by both, China and Burkina Faso.

During 2023, China had a large net trade with Burkina Faso in the exports of Machines ($281M), Metals ($150M), and Transportation ($119M).

During 2018, Burkina Faso had a large net trade with China in the exports of Vegetable Products ($23.3M), Textiles ($22.5M), and Mineral Products ($12.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Burkina Faso+$33MTelephones
Top Product Potential Burkina Faso China+$37.8MRaw Cotton

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and Burkina Faso. This means that a dot/product with the flag of China indicates it has a comparative advantage over Burkina Faso. Similarly, a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over China.

Product Space of China (Flag) and Burkina Faso (Flag) (2023)

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